Sowell Financial Services LLC Has $3.40 Million Stock Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Sowell Financial Services LLC raised its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 130.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 114,536 shares of the exchange traded fund’s stock after buying an additional 64,803 shares during the quarter. Sowell Financial Services LLC owned 0.08% of Schwab Fundamental U.S. Small Company Index ETF worth $3,402,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Capasso Planning Partners LLC increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 10.6% during the 3rd quarter. Capasso Planning Partners LLC now owns 5,428 shares of the exchange traded fund’s stock worth $323,000 after purchasing an additional 521 shares during the last quarter. American Capital Advisory LLC increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the 4th quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 442 shares during the last quarter. Brookstone Capital Management increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 45.9% during the 4th quarter. Brookstone Capital Management now owns 11,282 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 3,547 shares during the last quarter. Bleakley Financial Group LLC increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the 4th quarter. Bleakley Financial Group LLC now owns 7,048 shares of the exchange traded fund’s stock worth $209,000 after purchasing an additional 3,524 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the 3rd quarter worth $1,122,000.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.6 %

NYSEARCA:FNDA opened at $28.12 on Monday. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $26.38 and a 1 year high of $32.71. The firm’s fifty day simple moving average is $29.84 and its 200 day simple moving average is $30.04. The firm has a market capitalization of $8.77 billion, a PE ratio of 17.80 and a beta of 1.22.

About Schwab Fundamental U.S. Small Company Index ETF

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks.